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Graciela

Update on Graciela

Graciela is a very hardworking and enterprising person who works very hard, alongside her husband. Their son is their greatest strength and the reason why this couple fights. She used her previous loan to build a stall where she will be able to continue to sell her drinks.

She is applying for another loan to invest in the purchase of drinks in general, such as wine, soft drinks, beer, and others. This will help her to continue with her sales. She is grateful to be given a new opportunity to grow.
View original language description ↓
Graciela es una persona muy trabajadora y emprendedora, que se esfuerza junto a su marido, su hijo es su mayor fortaleza y el motivo por el cual esta pareja lucha. Su anterior crédito lo utilizo para la construcción de una casilla donde podrá seguir con la venta de sus bebidas.
Ella solicita nuevamente de este crédito para poder invertirlo en la compra de bebidas en general, como ser vinos, gaseosas, cervezas y demás, lo cual le ayudará a seguir con sus ventas. Ella agradece por esta nueva oportunidad de crecimiento que esta recibiendo.

Previous Loan Details

Sra. Graciela is 35 years old and lives a short distance from the center of the city of Itá. She has been with her partner for more than 8 years and has a school-aged son. She has been buying and selling drinks, in general, for more than 5 years. Sra. Graciela is requesting a loan to build a s... More from Graciela's previous loan »

Additional Information

About Fundación Paraguaya

Fundación Paraguaya is a financially self-sustaining social enterprise that promotes entrepreneurship in urban and rural areas through microfinance, education programs, and more. Its focus on agriculture has helped many farmers boost their crop yields. And a number of other borrowers have taken out loans to start and grow social businesses that have helped deliver eyeglasses, medicines and other helpful services in their local communities.

Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.

About Paraguay

  • $8,400
    Average annual income
  • 127
    View loans »
    Paraguay Loans Fundraising
  • $31,646,375
    Funds lent in using Kiva
  • 4,370.3
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,250 helped Graciela to buy drinks such as wine, soft drinks, beer, and others to sell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 20, 2013
Listed
Jun 18, 2013
Currency Exchange Loss:
Covered
Ended:
Apr 16, 2014
This photo was used before for a previous loan for Graciela. It was first posted on Kiva on Sep, 2012. Learn More